Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Art Institute Paints a Smaller Picture for Hedge Funds in Investment Landscape
By Staff WriterCHICAGO (HedgeWorld.com)--The board of trustees at the Art Institute of Chicago is ready to put the poor investments of the past behind it but will keep hedge funds as part of a newly restructured asset allocation for its endowment fund. The endowment became the poster child for improved investor due...
November 10, 2004
Bagnard To Hire, Manage Western WholesalersNU Online News Service, Nov. 10, 2004, 4:23 p.m. ESTLincoln Financial Distributors Inc., Pacific Palisades, Calif., is building up sales management at its American ...
November 09, 2004
Altin Continues Effort to Keep Stock Price in Line with NAVNEW YORK (HedgeWorld.com)--Citing its strong returns for the first nine months of the year, Altin AG, a closed-end fund of funds listed on the London and Switzerland stock exchanges, described its current share price as unjustifiably low in relation to net asset value and the quality of its investments. ...
November 09, 2004
Labyrinth Teams Up with SAMCOMINNEAPOLIS (HedgeWorld.com)--Labyrinth Group LLC has reached an agreement with SAMCO Capital Markets to provide SAMCO and its clients access to Labyrinth's fund of funds. The Labyrinth...
November 09, 2004
Dow Jones Launches Long/Short U.S. BenchmarkNEW YORK (HedgeWorld.com)--Dow Jones Hedge Fund Indexes Inc. on Tuesday [Nov. 2] began publishing its new long/short U.S. equity hedge fund benchmark, the Dow Jones Hedge Fund Equity Long/Short U.S. Strategy Benchmark. The new benchmark is the sixth hedge fund index to be assembled by Dow Jones. The other five...
November 09, 2004
S&P Index Shows Third Straight Positive Month for Hedge FundsNEW YORK (HedgeWorld.com)--Hedge fund managers active in directional and event-driven strategies led the S&P Hedge Fund Index to post a gain of 0.72% for October. The gain signals a slight comeback for the index, which has been posting small gains over the last three months after a slump earlier in...
November 09, 2004
Hedge Fund Services Unit Launched at BearingPointMcLEAN, Va. (HedgeWorld.com)--With former Capco executives at the helm, BearingPoint Inc. unveiled its hedge fund service unit, which will focus on due diligence and valuation...
November 09, 2004
Goldman & Morgan Alumni Launch Eton Park, A Multi-Strategy FundNEW YORK (HedgeWorld.com)--Eric Mindich, some of his fellow alumni of The Goldman Sachs Group Inc. and Stuart Hendel, formerly of Morgan Stanley, have founded a hedge fund, Eton Park Capital Management LP, with more than US$3.5 billion in assets. A spokesman for Eton Park declined any comment. Bloomberg reported, though,...